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The U.S. Energy Policy Act of 2005 established a federal income tax credit of up to $3,400 for the purchase of new hybrid vehicles, purchased or placed into service after December 31, 2005. [ 1][ 2] Vehicles purchased after December 31, 2010 are not eligible for this credit. [ 1][ 2] The law limited the tax credits to the first 60,000 eligible ...
The U.S. Department of Energy released new information on August 16 outlining 31 makes and models of electric cars that meet the eligibility standard for the credits. Owners can receive up to ...
EV incentives restrict qualifying vehicles to American-made electric vehicles or plug-ins with MSRPs of up to $80,000 for SUVs and light duty trucks and $55,000 for smaller cars and sedans.
2004 - Mercedes-Benz A-Class F-Cell, powered by Ballard Power Systems. 2005 - Fiat Panda Hydrogen. 2005 - Mazda Premacy Hydrogen RE Hybrid. 2007 - Chevrolet Equinox Fuel Cell / GM HydroGen4 also known as Opel HydroGen4 [18] and Vauxhall HydroGen4 [19] 2008 - Kia Borrego FCEV [20] [21] 2008 - PSA H2Origin.
A Neighborhood Electric Vehicle (NEV) is a U.S. category for battery electric vehicles that are usually built to have a top speed of 25 miles per hour (40 km/h), and have a maximum loaded weight of 3,000 lb (1,400 kg). [ 1] Depending on the particular laws of the state, they are legally limited to roads with posted speed limits of 35 miles per ...
In another twist to the government’s confusing EV tax credit policy, now fewer EVs will qualify for the full credit. On Monday, the Treasury Department issued its final list of EVs available for ...
Uncommon/Unique. UC-35D. Marine One. Commercial Utility Cargo Vehicle M88x, M89x, and M1010 series. M1030M1 Motorcycle. various GME vehicles, to include the John Deere Gator. C-9B Skytrain II VIP passenger. C-12 Huron VIP passenger. UC-35D VIP passenger.
The U.S. Treasury Department announced on Dec. 29 that electric vehicles leased by consumers can qualify for upwards of $7,500 in commercial clean vehicle credits starting Jan. 1, 2023. Take a Look...